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REG - Citadel Group Tesco PLC - Form 8.3 - Tesco Plc <Origin Href="QuoteRef">TSCO.L</Origin>

TescoAnnouncement
18/12/2017 15:06
RNS Number : 6438Z
Citadel Group
18 December 2017



















FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% 
OR MORE
Rule 8.3 of the Takeover Code (the "Code")
1. KEY INFORMATION





















(a) Full name of discloser: Citadel Group
(b) Owner or controller of interests and short positions 
 disclosed, if different from 1(a):
The naming of nominee or vehicle companies is 
 insufficient. For a trust, the trustee(s), settlor and 
 beneficiaries must be named. 
(c) Name of offeror/offeree in relation to whose relevant
 securities this form relates:
Use a separate form for each offeror/offeree TESCO PLC
(d) If an exempt fund manager connected with an
 offeror/offeree, state this and specify identity of 
 offeror/offeree: 
(e) Date position held/dealing undertaken:
For an opening position disclosure, state the latest 
practicable date prior to the disclosure 15 December, 2017
(f) In addition to the company in 1(c) above, is the 
 discloser making disclosures in respect of any other 
 party to the offer?
If it is a cash offer or possible cash offer, state "N/A" BOOKER GROUP PLC





















2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)



















Class of relevant security: Common Stock ISIN GB0008847096

Interests Short Positions

Number % Number %
(1) Relevant securities owned and/or controlled: 861,826 0.01 0 0.00
(2) Cash-settled derivatives: 79,719,227 0.97 191,387 0.00
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 424,000 0.01 364,000 0.00
 TOTAL: 81,005,053 0.99 555,387 0.01
























All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form8 (Open Positions).
(b) Rights to subscribe for new securities (including directors' and other employee options)




















Class of relevant security in relation to which subscription right exists: 
Details, including nature of the rights concerned and relevant percentages: 




















3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales




















Class of relevant security
ISIN GB0008847096 Purchase/sale Number of securities Price per unit
Common Stock Purchase 8,317 2.0525 GBP
Common Stock Purchase 5,901 2.053 GBP
Common Stock Purchase 2,519 2.054 GBP
Common Stock Purchase 3,673 2.0545 GBP
Common Stock Purchase 7,638 2.0555 GBP
Common Stock Purchase 6,335 2.056 GBP
Common Stock Purchase 42,526 2.0565 GBP
Common Stock Purchase 13,778 2.057 GBP
Common Stock Purchase 17,062 2.0575 GBP
Common Stock Purchase 44,757 2.058 GBP
Common Stock Purchase 81,621 2.0585 GBP
Common Stock Purchase 91,676 2.059 GBP
Common Stock Purchase 163,760 2.0595 GBP
Common Stock Purchase 173,365 2.06 GBP
Common Stock Purchase 242,977 2.0605 GBP
Common Stock Purchase 145,070 2.061 GBP
Common Stock Purchase 104,922 2.0615 GBP
Common Stock Purchase 1,342 2.0618 GBP
Common Stock Purchase 101,796 2.062 GBP
Common Stock Purchase 37,810 2.0625 GBP
Common Stock Purchase 30,329 2.063 GBP
Common Stock Purchase 30,383 2.0635 GBP
Common Stock Purchase 40,511 2.064 GBP
Common Stock Purchase 88,743 2.0645 GBP
Common Stock Purchase 121,386 2.065 GBP
Common Stock Purchase 75,513 2.0655 GBP
Common Stock Purchase 84,787 2.066 GBP
Common Stock Purchase 66,687 2.0665 GBP
Common Stock Purchase 12,817 2.067 GBP
Common Stock Purchase 26,270 2.0675 GBP
Common Stock Purchase 1,285 2.068 GBP
Common Stock Purchase 7,623 2.0695 GBP
Common Stock Purchase 464,712 2.073 GBP
Common Stock Sale -1,100 2.0545 GBP
Common Stock Sale -786 2.055 GBP
Common Stock Sale -20,765 2.0555 GBP
Common Stock Sale -74,243 2.056 GBP
Common Stock Sale -37,979 2.0565 GBP
Common Stock Sale -51,411 2.057 GBP
Common Stock Sale -38,205 2.0575 GBP
Common Stock Sale -84,269 2.058 GBP
Common Stock Sale -80,487 2.0585 GBP
Common Stock Sale -73,398 2.059 GBP
Common Stock Sale -223,222 2.0595 GBP
Common Stock Sale -200,008 2.06 GBP
Common Stock Sale -117,624 2.0605 GBP
Common Stock Sale -119,729 2.061 GBP
Common Stock Sale -60,637 2.0615 GBP
Common Stock Sale -45,925 2.062 GBP
Common Stock Sale -9,158 2.0625 GBP
Common Stock Sale -24,664 2.063 GBP
Common Stock Sale -12,745 2.0635 GBP
Common Stock Sale -14,534 2.064 GBP
Common Stock Sale -94,710 2.0645 GBP
Common Stock Sale -89,890 2.065 GBP
Common Stock Sale -44,756 2.0655 GBP
Common Stock Sale -33,534 2.066 GBP
Common Stock Sale -52,768 2.0665 GBP
Common Stock Sale -26,498 2.067 GBP
Common Stock Sale -7,611 2.0675 GBP
Common Stock Sale -59,849 2.073 GBP





















(b) Cash-settled derivative transactions



















Class of relevant security
ISIN GB0008847096 Product description
e.g. CFD Nature of dealing
e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit
Common Stock CFD Increasing long position 55,784 2.060361 GBP
Common Stock CFD Increasing long position 190,708 2.060361 GBP
Common Stock CFD Increasing long position 346,382 2.060792 GBP
Common Stock CFD Increasing long position 2,210 2.060804 GBP
Common Stock CFD Increasing long position 15,954 2.061155 GBP
Common Stock CFD Increasing long position 21,065 2.069 GBP
Common Stock CFD Increasing short position -20,764 2.058504 GBP
Common Stock CFD Reducing long position -46,599 2.058605 GBP
Common Stock CFD Reducing long position -14,734 2.058606 GBP
Common Stock CFD Reducing long position -205,782 2.05925 GBP
Common Stock CFD Reducing long position -115,430 2.05925 GBP
Common Stock CFD Reducing long position -52,647 2.05925 GBP
Common Stock CFD Reducing long position -32,569 2.05925 GBP
Common Stock CFD Reducing long position -15,259 2.05925 GBP
Common Stock CFD Reducing long position -822 2.05925 GBP
Common Stock CFD Reducing long position -264 2.05925 GBP
Common Stock CFD Reducing long position -185,864 2.0595 GBP
Common Stock CFD Reducing long position -158,901 2.0595 GBP
Common Stock CFD Reducing long position -121,198 2.0595 GBP
Common Stock CFD Reducing long position -91,266 2.0595 GBP
Common Stock CFD Reducing long position -76,202 2.0595 GBP
Common Stock CFD Reducing long position -64,455 2.0595 GBP
Common Stock CFD Reducing long position -58,766 2.0595 GBP
Common Stock CFD Reducing long position -54,371 2.0595 GBP
Common Stock CFD Reducing long position -49,433 2.0595 GBP
Common Stock CFD Reducing long position -44,139 2.0595 GBP
Common Stock CFD Reducing long position -34,196 2.0595 GBP
Common Stock CFD Reducing long position -29,369 2.0595 GBP
Common Stock CFD Reducing long position -26,218 2.0595 GBP
Common Stock CFD Reducing long position -22,817 2.0595 GBP
Common Stock CFD Reducing long position -20,114 2.0595 GBP
Common Stock CFD Reducing long position -12,770 2.0595 GBP
Common Stock CFD Reducing long position -8,290 2.0595 GBP
Common Stock CFD Reducing long position -6,555 2.0595 GBP
Common Stock CFD Reducing long position -3,837 2.0595 GBP
Common Stock CFD Reducing long position -3,193 2.0595 GBP
Common Stock CFD Reducing long position -2,056 2.0595 GBP
Common Stock CFD Reducing long position -1,768 2.0595 GBP
Common Stock CFD Reducing long position -1,740 2.0595 GBP
Common Stock CFD Reducing long position -24,024 2.060171 GBP
Common Stock CFD Reducing long position -7,596 2.060172 GBP
Common Stock CFD Reducing long position -68,727 2.060368 GBP
Common Stock CFD Reducing long position -4,226 2.060737 GBP
Common Stock CFD Reducing long position -48,398 2.060778 GBP
Common Stock CFD Reducing long position -26,367 2.060778 GBP
Common Stock CFD Reducing long position -8,595 2.060778 GBP
Common Stock CFD Reducing long position -6,205 2.060778 GBP
Common Stock CFD Reducing long position -3,194 2.060778 GBP
Common Stock CFD Reducing long position -2,153 2.060778 GBP
Common Stock CFD Reducing long position -1,534 2.060778 GBP
Common Stock CFD Reducing long position -1,023 2.060778 GBP
Common Stock CFD Reducing long position -544 2.060778 GBP
Common Stock CFD Reducing long position -256 2.060778 GBP
Common Stock CFD Reducing long position -136 2.060778 GBP
Common Stock CFD Reducing long position -1,194 2.060869 GBP
Common Stock CFD Reducing long position -17,641 2.06087 GBP
Common Stock CFD Reducing long position -4,777 2.06087 GBP
Common Stock CFD Reducing long position -1,243 2.06087 GBP
Common Stock CFD Reducing long position -295,526 2.061003 GBP
Common Stock CFD Reducing long position -276,497 2.061003 GBP
Common Stock CFD Reducing long position -102,234 2.061003 GBP
Common Stock CFD Reducing long position -101,808 2.061003 GBP
Common Stock CFD Reducing long position -91,083 2.061003 GBP
Common Stock CFD Reducing long position -68,832 2.061003 GBP
Common Stock CFD Reducing long position -28,412 2.061003 GBP
Common Stock CFD Reducing long position -26,936 2.061003 GBP
Common Stock CFD Reducing long position -11,536 2.061003 GBP
Common Stock CFD Reducing long position -9,010 2.061003 GBP
Common Stock CFD Reducing long position -5,084 2.061003 GBP
Common Stock CFD Reducing long position -4,607 2.061003 GBP
Common Stock CFD Reducing long position -1,380,184 2.061487 GBP
Common Stock CFD Reducing long position -369,312 2.061487 GBP
Common Stock CFD Reducing long position -295,254 2.061487 GBP
Common Stock CFD Reducing long position -235,823 2.061487 GBP
Common Stock CFD Reducing long position -147,432 2.061487 GBP
Common Stock CFD Reducing long position -84,773 2.061487 GBP
Common Stock CFD Reducing long position -84,588 2.061487 GBP
Common Stock CFD Reducing long position -81,331 2.061487 GBP
Common Stock CFD Reducing long position -80,152 2.061487 GBP
Common Stock CFD Reducing long position -74,075 2.061487 GBP
Common Stock CFD Reducing long position -72,455 2.061487 GBP
Common Stock CFD Reducing long position -71,410 2.061487 GBP
Common Stock CFD Reducing long position -42,680 2.061487 GBP
Common Stock CFD Reducing long position -33,100 2.061487 GBP
Common Stock CFD Reducing long position -13,883 2.061487 GBP
Common Stock CFD Reducing long position -12,674 2.061487 GBP
Common Stock CFD Reducing long position -3,470 2.061487 GBP
Common Stock CFD Reducing long position -3,250 2.061487 GBP
Common Stock CFD Reducing long position -3,169 2.061487 GBP
Common Stock CFD Reducing long position -1,055 2.061487 GBP
Common Stock CFD Reducing long position -49,495 2.061646 GBP
Common Stock CFD Reducing long position -10,084 2.061646 GBP
Common Stock CFD Reducing long position -5,567 2.061646 GBP
Common Stock CFD Reducing long position -106,866 2.06175 GBP
Common Stock CFD Reducing long position -87,088 2.06175 GBP
Common Stock CFD Reducing long position -68,693 2.06175 GBP
Common Stock CFD Reducing long position -57,945 2.06175 GBP
Common Stock CFD Reducing long position -49,301 2.06175 GBP
Common Stock CFD Reducing long position -28,933 2.06175 GBP
Common Stock CFD Reducing long position -28,119 2.06175 GBP
Common Stock CFD Reducing long position -21,719 2.06175 GBP
Common Stock CFD Reducing long position -3,401 2.06175 GBP
Common Stock CFD Reducing long position -995 2.0645 GBP
Common Stock CFD Reducing long position -102,544 2.064666 GBP
Common Stock CFD Reducing long position -291,806 2.064667 GBP
Common Stock CFD Reducing long position -32,514 2.064667 GBP
Common Stock CFD Reducing long position -45,574 2.069 GBP
Common Stock CFD Reducing long position -31,278 2.069 GBP
Common Stock CFD Reducing long position -14,642 2.069 GBP
Common Stock CFD Reducing long position -3,226 2.069 GBP
Common Stock CFD Reducing long position -2,396 2.069 GBP
Common Stock CFD Reducing long position -2,106 2.069 GBP
Common Stock CFD Reducing long position -2,104 2.069 GBP
Common Stock CFD Reducing long position -1,371 2.069 GBP
Common Stock CFD Reducing long position -1,029 2.069 GBP
Common Stock CFD Reducing long position -666 2.069 GBP
Common Stock CFD Reducing long position -657 2.069 GBP
Common Stock CFD Reducing short position 30,695 2.064766 GBP
Common Stock CFD Reducing short position 52,996 2.064766 GBP
Common Stock CFD Reducing short position 180 2.069 GBP
Common Stock CFD Reducing short position 181 2.069 GBP
Common Stock CFD Reducing short position 972 2.069 GBP
Common Stock CFD Reducing short position 82,651 2.069 GBP























(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying






















Class of relevant security
ISIN
GB0008847096 Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
e.g. American, European etc. Expiry date Option money paid/ received per unit
Common Put Option Purchasing -10,000 1.95 GBP American 16/03/2018 0.045 GBP
Common Call Option Purchasing 5,000 1.85 GBP American 16/03/2018 0.235 GBP
Common Call Option Writing -2,000 1.95 GBP American 15/12/2017 0.115 GBP
Common Call Option Writing -5,000 1.8 GBP American 15/12/2017 0.2625 GBP















(ii) Exercise




















Class of relevant security
ISIN
GB0008847096 Product description
e.g. call option Exercising/ exercised against Number of securities Exercise price per unit
Common Call Option Exercise -2,000 1.7 GBP
Common Call Option Exercise -25,000 1.85 GBP
Common Call Option Exercise -60,000 1.9 GBP



















(d) Other dealings (including subscribing for new securities)



















Class of relevant security Nature of dealing
e.g. subscription, conversion Details Price per unit (if applicable)























4. OTHER INFORMATION
(a) Indemnity and other dealing arrangements


















Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"
None


















(b) Agreements, arrangements or understandings relating to options or derivatives


















Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
(i) the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, state "none"
None

















(c) Attachments

















Is a Supplemental Form 8 (Open Positions) attached? YES


















Date of disclosure: 18 December, 2017
Contact name: Alasdair Putt
Telephone number: 020 7645 9700


















Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
























SUPPLEMENTAL FORM 8 (OPEN POSITIONS)
DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.
Note 5(i) on Rule 8 of the Takeover Code (the "Code")
















1. KEY INFORMATION






















Full name of person making disclosure: Citadel Group
Name of offeror/offeree in relation to whose relevant securities the disclosure relates: TESCO PLC






2.STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)



















Class of relevant security
ISIN
GB0008847096

Product description e.g. call option Written or purchased Number of securities to which option or derivative relates Exercise price per unit Type
e.g. American, European etc. Expiry date
Common Put Option Purchased -2000 1.8 USD American 19/01/2018
Common Put Option Purchased -220000 2 USD American 19/01/2018
Common Call Option Purchased 330000 2.2 USD American 16/03/2018
Common Put Option Written 13000 2 USD American 16/03/2018
Common Call Option Purchased 1000 2 USD American 19/01/2018
Common Call Option Purchased 10000 2 USD American 16/03/2018
Common Call Option Purchased 1000 2.2 USD American 20/04/2018
Common Put Option Purchased -35000 1.6 USD American 19/01/2018
Common Call Option Purchased 5000 2.1 USD American 19/01/2018
Common Call Option Purchased 23000 1.9 USD American 19/01/2018
Common Call Option Purchased 30000 2.05 USD American 19/01/2018
Common Call Option Written -32000 1.95 USD American 19/01/2018
Common Put Option Purchased -30000 1.7 USD American 19/01/2018
Common Call Option Purchased 27000 2.1 USD American 16/02/2018
Common Put Option Purchased -6000 1.7 USD American 16/03/2018
Common Call Option Purchased 4000 1.9 USD American 16/03/2018
Common Put Option Purchased -10000 1.95 USD American 16/03/2018
Common Call Option Purchased 20000 1.95 USD American 16/03/2018
Common Call Option Purchased 5000 1.85 USD American 16/03/2018
Common Put Option Purchased -35000 1.5 USD American 16/03/2018
Common Put Option Purchased -1000 1.9 USD American 18/05/2018
Common Put Option Purchased -35000 1.65 USD American 19/01/2018
Common Put Option Purchased -5000 1.85 USD American 21/09/2018
Common Put Option Written 2000 2.05 USD American 16/02/2018



















3. AGREEMENTS TO PURCHASE OR SELL ETC.




















Full details should be given so that the nature of the interest or position can be fully understood:




















It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.
The currency of all prices and other monetary amounts should be stated.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.



This information is provided by RNS
The company news service from the London Stock Exchange
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TSCO — Tesco News Story

REG - Citadel Group Tesco PLC - Form 8.3 - Tesco Plc <Origin Href="QuoteRef">TSCO.L</Origin>

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